United Bank for Africa (UBA) Plc has recorded N183.9 billion in its unaudited results for the first quarter ended March 31, 2022. The bank, which achieved impressive growth across other income lines, grew its profit before tax (PBT) to N44.5 billion. The PBT
State governments heaved a sigh of relief yesterday as the Federal Government held back from deducting their April allocations to pay consultants for the Paris Club refund. The deduction was stopped because the state governments objected to it because they have appealed an
N-Power scheme logo. The Federal Government, on Thursday, confirmed committing the sum of N5.9 billion on training, tooling and monthly stipends for the Batch C beneficiaries of the N-Power Programme in Kano State. The Minister of Humanitarian Affairs, Disasters Management and Social Development,
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022, retaining the award for a third consecutive year. The Bank was among other banks from 36 countries in Africa recognised as the prestigious
The terrorists who attacked an Abuja-Kaduna train on March 28 on Tuesday released four photos of their captives. In the photos, 62 of the kidnapped victims are seen in four groups. The first photo has 23 persons, including five children (two females and
Twitter on Monday confirmed it is selling the platform to billionaire entrepreneur Elon Musk in a deal valued at $44 billion. The sale was a dramatic shift for the board, which had originally maneuvered to block Musk from taking the social media network
The National Bureau of Statistics (NBS) on Monday said average airfare increased from N44.825.04 in February 2022 to N46,810.62 in March 2022, indicating 4.43% fare rise in the period under review. In its “Transport Fare Watch in March 2022,” document, the Bureau said:
Twitter is reportedly prepared to accept Elon Musk’s offer to buy the company for $54.20 per share.The deal could be reached today if negotiations go smoothly, Bloomberg has reported. Last week, it was reported that Mr Musk had secured the funding for the
The Nigerian Navy has narrated how it seized 6, 000, 000 litres of stolen crude oil estimated at N264 billion. This is coming just as President Muhammadu Buhari yesterday expressed “shock and trauma” about the death of over 100 people in an explosion
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered Electricity Distributing Companies (DisCoS) to refund electricity consumers who purchased meters. Discos have been overwhelmed by meter demand from non-metered consumers, hence, houses taking the bull by the horn to purchase the meters